Manager, Money Processing and Retail Solutions Procurement
Manager, Money Processing and Retail Solutions Procurement
The Manager, Money Processing and Retail Solutions will lead and develop category strategies to ensure the strategic sourcing and supplier management of safes, money processing equipment, and ATMs. This role will drive cost savings, optimize supplier performance, and ensure alignment between procurement strategies and business objectives.
As part of the global sourcing team, the Manager will partner with cross-functional stakeholders (business owners, Finance, Legal, etc.) to deliver value across the organization and support enhancement of the procurement function's capabilities. This role will report to the Senior Director of Sourcing, Money Processing and Retail Solutions.
RESPONSIBILITIES INCLUDE (but are not limited to):
Strategic Category Management:
· Develop and execute global procurement strategies aligned with business objectives.
· Ensure category planning and execution to align with key priorities for category related spend across all geographies and business units.
· Ensure category strategies drive innovation, cost savings, and risk mitigation.
· Establish long-term partnerships with key suppliers while maintaining competitiveness.
· Support and lead the management of global suppliers, ensuring service level agreements (SLAs) and key performance indicators (KPIs) are met.
· Negotiate and implement global contracts with suppliers, ensuring compliance with company policies and regulatory requirements.
· Manage supplier performance to improve quality, delivery, cost, and innovation.
· Oversee regular supplier reviews to assess performance and identify opportunities for improvement.
Stakeholder Engagement:
· Collaborate with business owners, finance, legal, and other relevant departments to understand needs, manage risk, and optimize sourcing processes.
· Serve as a key advisor to procurement leadership on all matters related to sourcing, including risk management, technology trends, and category strategy.
· Partner with internal teams to ensure sourcing initiatives meet the company's digital transformation objectives.
Procurement Operations & Process Improvement:
· Support optimization of sourcing processes by driving standardization, automation, and efficiency across IT procurement.
· Actively participate in continuous improvement initiatives to streamline sourcing, contract management, and supplier engagement processes.
· Ensure compliance with global sourcing policies, regulatory requirements, and ethical sourcing practices.
Budget & Cost Management:
· Drive cost-saving initiatives and track spend to ensure financial targets are met.
· Lead competitive bidding processes (RFPs, RFIs) to secure the best value for company investments.
SKILLS & EXPERIENCE
· Bachelor's degree in Business Administration, Supply Chain Management, or related field; MBA or advanced degree preferred.
· 5+ years of experience in procurement, sourcing, or supply chain management.
· Proven experience managing large, complex supplier relationships across multiple regions.
· Strong knowledge of Capital and/or equipment sourcing, with experience in parts and services a plus.
· Demonstrated experience in strategic sourcing, supplier relationship management, contract negotiations, and driving cost savings.
· Demonstrated history of creating financial value in contract negotiations
· Excellent leadership skills with the ability to influence stakeholders and drive procurement strategies.
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Supply Chain and Information Technology
* Industries
Transportation, Logistics, Supply Chain and Storage
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